Story perspectives
Comcast Eyes Warner Bros. Discovery in Strategic Acquisition
11/7/2025
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Story summary
- Comcast seeks to acquire parts of Warner Bros. Discovery, focusing on studio and streaming assets.
- Goldman Sachs and Morgan Stanley are advising Comcast and the firm has gained access to WBD's financial data.
- Mike Cavanagh, Comcast president, says mergers remain cautious but opportunities may arise after the Versant spin-off by the end of 2025.
- Paramount Skydance has made multiple bids for WBD, all rejected as too low.
